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Elder Americans face growing financial insecurity

Summary by Open Access Government
In September the National Council on Ageing (NCOA) analysed the growing financial crisis that older Americans face, in particular those aged between 60 and older  Although the was a slight increase in incomes and value from 2018-2024, the overall financial landscape remains bad for many. 80% of this demographic lacks sufficient resources to cover long-term care or cope with financial emergencies. Lack of assets and debt in the lowest income bra…
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